Go Finance Reporting in JAKARTA - Composite Stock Price Index (IHSG) shut down the sinkhole at the close of trading this afternoon than the morning opening and closing the first session.
IHSG Thursday (04/14/2011) afternoon carrying weakened 26.43 points, or 0.71 percent, to 3707.98 position. While the LQ45 index also declined 4.95 points to 663.65, and the Jakarta Islamic Index (JII) dropped 3.9 points to 515.07.
The value of transactions recorded in the market until this afternoon was recorded at Rp3, 40 trillion by volume amounted to 2.70 billion shares. In which 89 stocks advanced, 124 stocks fell, and 122 stocks tracked stagnant.
The weakening stock index this time due to the mining sector, which weakened in up to 25.33 points, followed by consumer sector which fell by 12.25 points. Only the infrastructure sector are monitored rose at 3.07 points.
Stocks that rose among the PT Merck International Tbk (MERK) rose Rp500 to Rp95.500, PT Federal (AUTO) rose 200 to Rp16.350, and PT HM Sampoerna Tbk (HMSP) rose 200 to Rp28.350 .
And the weakening of these shares of PT Astra International Tbk (ASII) down Rp1.250 to Rp54.850, PT Dian Swastatika Sentosa Tbk (DSSA) down Rp1.250 to Rp25.500, and PT Bayan Resources Tbk (ITMG) down 900 to Rp47.600. (GoFinance)
Thursday, April 14, 2011
Wednesday, April 13, 2011
::Gold Prices Crawl Starts Up>>
Go Finance Reporting in SINGAPORE - After experiencing price declines, gold has started to move strengthened. Nevertheless, the threat is still there because of the weakening price of Goldman Sachs estimates that commodity prices will fall.
As quoted by Reuters on Wednesday (04/13/2011), the gold price is in the position of USD1.454, 39 per ounce, up 44 cents from yesterday. Previously, these commodity prices had fallen to USD1.443, 49 per ounce on Tuesday.
However, gold also briefly hit a record high of about USD1.476 per ounce on Monday as prospects of further decline in U.S. dollar. While the price of gold futures for June rose $ 2 own, 4 to the position of USD1.456 per ounce.
The price of silver itself has increased by 11 cents to USD40, 15 per ounce compared to the previous position. (GoFinance)
As quoted by Reuters on Wednesday (04/13/2011), the gold price is in the position of USD1.454, 39 per ounce, up 44 cents from yesterday. Previously, these commodity prices had fallen to USD1.443, 49 per ounce on Tuesday.
However, gold also briefly hit a record high of about USD1.476 per ounce on Monday as prospects of further decline in U.S. dollar. While the price of gold futures for June rose $ 2 own, 4 to the position of USD1.456 per ounce.
The price of silver itself has increased by 11 cents to USD40, 15 per ounce compared to the previous position. (GoFinance)
::Oil Prices Down, 3 Index Wall Street sinkhole>>
Go Finance Reporting in NEW YORK - The stock market is the United States (U.S.) again weakened due to concerns about falling oil prices could trigger a slump in the shares of the energy sector issuers. In addition, Alcoa's earnings also far is below expectations.
Energy sector shares led the drop in stock indexes, where the S & P Energy Index fell to three percent. As a result, the fall in oil prices is making market players worried about high stock price of this energy.
"The fall of energy sector led the slowdown this time because this sector is a sector which is strongly associated with global growth. So, when commodity prices move, the stock market ready to follow," said Chief Analyst Robert Van Batenburg of Louis Capital, as quoted by Reuters, in New York.
Oil prices fell for the second day after Goldman Sachs forecast called for the price of Brent crude will fall to $ 20 in coming months. International Energy Agency also said high prices could hamper oil demand.
Unrest in oil-heavy regions of the Middle East and North Africa has sparked a rise in oil prices. S & P energy index is by far the largest index which indicates the strengthening of up to 11.1 percent in 2011, well above the S & P 500's that only go up 4.5 percent since the beginning of this year.
Slump in the financial performance of Alcoa Inc. looks to make market players worried about the continuation of economic recovery. Alcoa's stock price was down six percent to USD16, 70 and pushing the Dow Jones plummeted.
In late trading on Tuesday (04/12/2011) local time, the Dow Jones Industrial fell 117.53 points, or 0.95 percent, to 12263.58. The broader Standard & Poor's 500 index dropped 10.30 points, or 0.78 percent, to 1314.16. And the Nasdaq Composite Index fell 26.72 points, or 0.96 percent to 2744.79. (GoFinance)
Energy sector shares led the drop in stock indexes, where the S & P Energy Index fell to three percent. As a result, the fall in oil prices is making market players worried about high stock price of this energy.
"The fall of energy sector led the slowdown this time because this sector is a sector which is strongly associated with global growth. So, when commodity prices move, the stock market ready to follow," said Chief Analyst Robert Van Batenburg of Louis Capital, as quoted by Reuters, in New York.
Oil prices fell for the second day after Goldman Sachs forecast called for the price of Brent crude will fall to $ 20 in coming months. International Energy Agency also said high prices could hamper oil demand.
Unrest in oil-heavy regions of the Middle East and North Africa has sparked a rise in oil prices. S & P energy index is by far the largest index which indicates the strengthening of up to 11.1 percent in 2011, well above the S & P 500's that only go up 4.5 percent since the beginning of this year.
Slump in the financial performance of Alcoa Inc. looks to make market players worried about the continuation of economic recovery. Alcoa's stock price was down six percent to USD16, 70 and pushing the Dow Jones plummeted.
In late trading on Tuesday (04/12/2011) local time, the Dow Jones Industrial fell 117.53 points, or 0.95 percent, to 12263.58. The broader Standard & Poor's 500 index dropped 10.30 points, or 0.78 percent, to 1314.16. And the Nasdaq Composite Index fell 26.72 points, or 0.96 percent to 2744.79. (GoFinance)
::IHSG Back Self-Confidence>>
Go Finance Reporting in JAKARTA - At the close of trading Composite Stock Price Index (IHSG) was closed this afternoon in the green belt back. After trading at the opening session of the first flush and only increased slightly, IHSG re-discovered confidence.
IHSG strengthening this time seconded from internal factors, in which the mining sector led the strengthening and soar up to 40 points. Although the infrastructure sector recorded weaker and thin trading.
IHSG Wednesday (04/13/2011) rose 15.18 points, or 0.4 percent to a position equivalent to 3734.41. While the LQ45 index edged up 3.7 points to 668.6 positions, and the Jakarta Islamic Index (JII) rose 0.76 points to 518.97 positions.
The value of this transaction until the afternoon was recorded at Rp4, 25 trillion, with a volume of 3.3 billion shares. There are 138 stocks advanced, 83 stocks fell, and 110 stocks tracked stagnant.
Asian stocks also become one of the factors that support the strengthening of IHSG. Where to Hang zinc rose 158.66 points to 24135.03, Nikkei 225 rose 85.92 to 9641.18, and the Straits Times rose 36.13 to 3174.13.
Stocks that gained include PT Federal (AUTO) rose Rp750 to Rp16.150, PT Indocement Tbk (INTP) rose Rp450 to Rp16.850, PT Bayan Resources Tbk (ITMG) rose Rp400 to Rp48.500 , and PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600.
While the stock is weaker among PT Dian Swastatika Sentosa Tbk (DSSA) down Rp4.700 to Rp26.750, PT HM Sampoerna Tbk (HMSP) down Rp250 to Rp28.150, and PT Smart Tbk (SMAR) down Rp100 to Rp5.400 . (GoFinance)
IHSG strengthening this time seconded from internal factors, in which the mining sector led the strengthening and soar up to 40 points. Although the infrastructure sector recorded weaker and thin trading.
IHSG Wednesday (04/13/2011) rose 15.18 points, or 0.4 percent to a position equivalent to 3734.41. While the LQ45 index edged up 3.7 points to 668.6 positions, and the Jakarta Islamic Index (JII) rose 0.76 points to 518.97 positions.
The value of this transaction until the afternoon was recorded at Rp4, 25 trillion, with a volume of 3.3 billion shares. There are 138 stocks advanced, 83 stocks fell, and 110 stocks tracked stagnant.
Asian stocks also become one of the factors that support the strengthening of IHSG. Where to Hang zinc rose 158.66 points to 24135.03, Nikkei 225 rose 85.92 to 9641.18, and the Straits Times rose 36.13 to 3174.13.
Stocks that gained include PT Federal (AUTO) rose Rp750 to Rp16.150, PT Indocement Tbk (INTP) rose Rp450 to Rp16.850, PT Bayan Resources Tbk (ITMG) rose Rp400 to Rp48.500 , and PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600.
While the stock is weaker among PT Dian Swastatika Sentosa Tbk (DSSA) down Rp4.700 to Rp26.750, PT HM Sampoerna Tbk (HMSP) down Rp250 to Rp28.150, and PT Smart Tbk (SMAR) down Rp100 to Rp5.400 . (GoFinance)
::Global pressures, IHSG sinkhole 12 pts>>
Go Finance Reporting JAKARTA - Just like other Asian indices, Composite Stock Price Index (IHSG) moves to weaken amid global pressure.
IHSG, in early trading Wednesday (04/13/2011) moved down 12.31 points, or 0.3 percent, to 3706.92. LQ45 also down 2.99 points, or 0.4 percent to 661.91 and the Jakarta Islamic Index (JII) fell 1.89 points, or 0.4 percent, to 516.32.
Just like Wall Street stock index, index of Asia also looked depressed. The Hang Seng fell 100.66 points to 23,875, the Nikkei fell 3.9 points to 9551 and the Straits Times edged up 0.22 points to 3138.
Sector indices support this compact weakened. Poi estate sector down 5.92, or 0.3 percent, mining sector fell 5.09 points, or 0.2 per cent and consumption sector fell 3.09 points, or 0.3 percent.
The volume of transactions recorded as many as 153.9 million shares worth Rp258 billion. A total of 51 stocks fell, 37 stocks advanced and 76 shares remain stagnant.
Stocks that move down (top lossers) is PT Gudang Garam Tbk (GGRM) down Rp250 to Rp40.500, PT Bayan Resources Tbk (ITMG) Down 200 to Rp47.900 and PT Ashaimas Flat Glass Tbk (AMFG) down 150 to Rp6 .250.
While stocks rose (Top gainers) is PT Astra Autoparts Tbk (AUTO) rose Rp550 to Rp15.850, PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600 and PT Astra International Tbk (ASII) rose Rp100 to Rp56.250 . (GoFinance)
IHSG, in early trading Wednesday (04/13/2011) moved down 12.31 points, or 0.3 percent, to 3706.92. LQ45 also down 2.99 points, or 0.4 percent to 661.91 and the Jakarta Islamic Index (JII) fell 1.89 points, or 0.4 percent, to 516.32.
Just like Wall Street stock index, index of Asia also looked depressed. The Hang Seng fell 100.66 points to 23,875, the Nikkei fell 3.9 points to 9551 and the Straits Times edged up 0.22 points to 3138.
Sector indices support this compact weakened. Poi estate sector down 5.92, or 0.3 percent, mining sector fell 5.09 points, or 0.2 per cent and consumption sector fell 3.09 points, or 0.3 percent.
The volume of transactions recorded as many as 153.9 million shares worth Rp258 billion. A total of 51 stocks fell, 37 stocks advanced and 76 shares remain stagnant.
Stocks that move down (top lossers) is PT Gudang Garam Tbk (GGRM) down Rp250 to Rp40.500, PT Bayan Resources Tbk (ITMG) Down 200 to Rp47.900 and PT Ashaimas Flat Glass Tbk (AMFG) down 150 to Rp6 .250.
While stocks rose (Top gainers) is PT Astra Autoparts Tbk (AUTO) rose Rp550 to Rp15.850, PT Bank Mega Tbk (MEGA) rose Rp400 to Rp3.600 and PT Astra International Tbk (ASII) rose Rp100 to Rp56.250 . (GoFinance)
Tuesday, April 12, 2011
::After Make the Record, Oil Price Down>>
Go Finance Reporting in NEW YORK - Oil prices weakened after penetrating its highest level in two years because of concerns about the economic recovery of the United States (U.S.).
New York's main contract, light sweet crude for May delivery, closed below the psychological threshold of USD110 per barrel. While oil prices The West Texas Intermediate is at USD109, 92 in the futures market, fell $ 2, 87 from its closing level Friday.
Benchmark WTI has risen in early Asian trading as high as USD113, 46, in which a peak last seen in September 2008. In London, Brent North Sea crude oil for May delivery fell $ 2, 67 to USD123, 98 per barrel.
"If oil still rose to USD110-113 and so on, he has a chance is to thwart the comeback of U.S. economic recovery," said an analyst with Lind-Waldock, Rich Ilczyszyn as quoted by AFP.
He said oil markets take a breather for a while after strengthened significantly recently. Other commodities, like gold, which hit all-time high, were also lower on profit taking.
The market fell back from the high points as the dollar strengthened again against the euro, making the crude oil price in dollars become less attractive to investors. Despite price falls, investors remain worried about potential supply disruptions if the intensity of the unrest in the Middle East and North Africa. (GoFinance)
New York's main contract, light sweet crude for May delivery, closed below the psychological threshold of USD110 per barrel. While oil prices The West Texas Intermediate is at USD109, 92 in the futures market, fell $ 2, 87 from its closing level Friday.
Benchmark WTI has risen in early Asian trading as high as USD113, 46, in which a peak last seen in September 2008. In London, Brent North Sea crude oil for May delivery fell $ 2, 67 to USD123, 98 per barrel.
"If oil still rose to USD110-113 and so on, he has a chance is to thwart the comeback of U.S. economic recovery," said an analyst with Lind-Waldock, Rich Ilczyszyn as quoted by AFP.
He said oil markets take a breather for a while after strengthened significantly recently. Other commodities, like gold, which hit all-time high, were also lower on profit taking.
The market fell back from the high points as the dollar strengthened again against the euro, making the crude oil price in dollars become less attractive to investors. Despite price falls, investors remain worried about potential supply disruptions if the intensity of the unrest in the Middle East and North Africa. (GoFinance)
::Riots Influence Arab Economic>>
Go Finance Reporting in WASHINGTON - World Bank said the unrest in the Middle East and North Africa can suppress the economic growth of the Arab countries. This is due to the higher costs incurred by the two oil-rich region.
World Bank Chief Economist Justin Lin said, research economist in a number of lending institutions that showed that economic output in the Middle East and North Africa decreased.
"Our estimates show that the impact on countries like Egypt and Tunisia could be down about three percent of gross domestic product growth (GDP) was," Lin said while delivering the latest World Bank report related to the Middle East conflict and development in Washington Sunday (04/10/2011).
The economic outlook in January, the World Bank projected the economic growth in the region this year grew 4.3 percent, up from the previous year which only 3.3 percent. He added that besides two countries, specifically for the Middle East and North Africa, the impact of the riots could reduce economic growth of 2.4 percent. Nevertheless, the overall violence in the oil-rich countries will not have much impact because of the size of its economy is not great when compared to a global scale.
"However, for the price of oil, oil supply, is significantly affected. If viewed from that, we can feel a greater impact, "said Lin.
According to Lin, what the World Bank related to the Middle East economy is made after a look at issues of conflict, security, and its impact on economic health and poverty. "This report is based on our view of what is happening in the Middle East and North Africa in the past two months," he said.
He added that the conflict in Arab countries is also related to security issues that do not enter the conventional agenda for the World Bank and international development agencies. However, the problem is strongly linked to development. In the report entitled World Development Report, the World Bank also states that for other areas of high growth alone is not sufficient in reducing poverty and unemployment if there is conflict and violence.
To that end, the World Bank's emphasis on the need for access to employment, security, and justice as a key to prevent the recurrence of political violence and crime. "High unemployment and inequality can combine the weaknesses and the capacity of government on the issue of corruption, accountability, and human rights violations," said Sarah Cliffe, lead author of a World Bank report yesterday.
As is known, in recent months the political situation in several Arab countries following the fluctuating demands of the leaders of his country retreat. This condition initially in starting in Tunisia, then spread to Egypt, Jordan, Yemen, Syria, Bahrain, and Libya in North Africa. Cliffe pointed out, the growth rate in Tunisia and Egypt are on average over five percent each year is enough to reduce poverty.
Unfortunately the two countries failed to take advantage of these opportunities so that corruption and unemployment resulted in protests that led to the overthrow of power. "If we want to break the cycle of violence, the state should develop the practice more transparent, legitimate followed by the support of national institutions capable of providing the needs for citizens, including employment," added Bank World Bank President Robert Zoellick.
The report also confirms that in countries which used to the conflict, the government must solve its own problems by forming coalitions with civil society, politics, business, and consumers. (GoFinance)
World Bank Chief Economist Justin Lin said, research economist in a number of lending institutions that showed that economic output in the Middle East and North Africa decreased.
"Our estimates show that the impact on countries like Egypt and Tunisia could be down about three percent of gross domestic product growth (GDP) was," Lin said while delivering the latest World Bank report related to the Middle East conflict and development in Washington Sunday (04/10/2011).
The economic outlook in January, the World Bank projected the economic growth in the region this year grew 4.3 percent, up from the previous year which only 3.3 percent. He added that besides two countries, specifically for the Middle East and North Africa, the impact of the riots could reduce economic growth of 2.4 percent. Nevertheless, the overall violence in the oil-rich countries will not have much impact because of the size of its economy is not great when compared to a global scale.
"However, for the price of oil, oil supply, is significantly affected. If viewed from that, we can feel a greater impact, "said Lin.
According to Lin, what the World Bank related to the Middle East economy is made after a look at issues of conflict, security, and its impact on economic health and poverty. "This report is based on our view of what is happening in the Middle East and North Africa in the past two months," he said.
He added that the conflict in Arab countries is also related to security issues that do not enter the conventional agenda for the World Bank and international development agencies. However, the problem is strongly linked to development. In the report entitled World Development Report, the World Bank also states that for other areas of high growth alone is not sufficient in reducing poverty and unemployment if there is conflict and violence.
To that end, the World Bank's emphasis on the need for access to employment, security, and justice as a key to prevent the recurrence of political violence and crime. "High unemployment and inequality can combine the weaknesses and the capacity of government on the issue of corruption, accountability, and human rights violations," said Sarah Cliffe, lead author of a World Bank report yesterday.
As is known, in recent months the political situation in several Arab countries following the fluctuating demands of the leaders of his country retreat. This condition initially in starting in Tunisia, then spread to Egypt, Jordan, Yemen, Syria, Bahrain, and Libya in North Africa. Cliffe pointed out, the growth rate in Tunisia and Egypt are on average over five percent each year is enough to reduce poverty.
Unfortunately the two countries failed to take advantage of these opportunities so that corruption and unemployment resulted in protests that led to the overthrow of power. "If we want to break the cycle of violence, the state should develop the practice more transparent, legitimate followed by the support of national institutions capable of providing the needs for citizens, including employment," added Bank World Bank President Robert Zoellick.
The report also confirms that in countries which used to the conflict, the government must solve its own problems by forming coalitions with civil society, politics, business, and consumers. (GoFinance)
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